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The family of the elder Balbus came from a senatorial family from Aricia (modern Ariccia, Italy ). In villas, relatives would display masks in memory of their ancestors.

Balbus married , Atia Balba Caesonia (mother of Augustus ) and Atia Balba Tertia . He served as a Praetor and under Caesar was appointed as a commissioner under Julian Law, to divide the estates in Campania among the commoners.